Frontier MFG Select Infrastructure Fund (FMSIX)
Under normal market conditions, the fund invests a minimum of 80% of its net assets in the equity securities of infrastructure companies. It will invest in common stock, stapled securities (an equity security comprised of multiple parts) and Real Estate Investment Trusts (REITs) of infrastructure companies as part of its principal investment strategy. The fund will invest in both U.S. and non-U.S. companies and may invest in companies of any size, with a minimum market capitalization of $500 million. It is non-diversified.
Fund Info
| ISIN | US35908Y7572 |
|---|---|
| Issuer | Frontier Funds |
| Inception Date | Jul 1, 2018 |
| Category | Energy Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FMSIX has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Frontier MFG Select Infrastructure Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 11.05% |
| 1 month | N/A | 4.86% |
| 6 months | N/A | 17.50% |
| 1 year | N/A | 27.37% |
| 5 years (annualized) | N/A | 13.14% |
| 10 years (annualized) | N/A | 10.90% |
Monthly Returns
The table below presents the monthly returns of FMSIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 6.13% | -4.53% | 2.74% | 3.82% | -5.53% | 1.20% | -0.96% | 2.98% | 0.00% | 5.40% | |||
| 2022 | -3.24% | -1.15% | 6.71% | -3.10% | 1.82% | -5.85% | 4.36% | -3.18% | -13.81% | 5.16% | 9.81% | -2.99% | -7.51% |
| 2021 | -3.01% | -2.04% | 6.91% | 4.56% | 0.27% | -1.72% | 2.91% | 1.24% | -4.84% | 4.43% | -3.62% | 7.99% | 12.76% |
| 2020 | 1.48% | -9.41% | -13.95% | 6.06% | 4.36% | -0.16% | 2.70% | 0.19% | -1.67% | -2.29% | 7.64% | 0.86% | -6.17% |
| 2019 | 7.26% | 2.35% | 2.42% | 0.56% | -0.28% | 5.49% | -0.81% | 1.44% | 0.99% | 0.97% | -0.79% | 3.12% | 24.87% |
| 2018 | 0.90% | -1.09% | -0.70% | -2.43% | 2.80% | -3.68% | -4.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Frontier MFG Select Infrastructure Fund (FMSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Frontier MFG Select Infrastructure Fund granted a 108.17% dividend yield in the last twelve months. The annual payout for that period amounted to $11.10 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Dividend | $11.10 | $0.24 | $0.23 | $0.17 | $0.34 | $0.07 |
Dividend yield | 108.17% | 2.27% | 1.94% | 1.64% | 2.97% | 0.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Frontier MFG Select Infrastructure Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.69 | $10.26 | $0.00 | $0.00 | $11.16 | ||
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.04 | $0.05 | $0.00 | $0.00 | $0.03 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.23 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.03 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.34 |
| 2018 | $0.02 | $0.00 | $0.00 | $0.05 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Frontier MFG Select Infrastructure Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Frontier MFG Select Infrastructure Fund was 34.28%, occurring on Mar 23, 2020. Recovery took 366 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.28% | Feb 20, 2020 | 23 | Mar 23, 2020 | 366 | Sep 2, 2021 | 389 |
| -24.5% | Apr 21, 2022 | 121 | Oct 12, 2022 | — | — | — |
| -8.44% | Aug 9, 2018 | 95 | Dec 24, 2018 | 24 | Jan 30, 2019 | 119 |
| -6.99% | Jan 3, 2022 | 37 | Feb 24, 2022 | 21 | Mar 25, 2022 | 58 |
| -6.31% | Sep 3, 2021 | 19 | Sep 30, 2021 | 60 | Dec 27, 2021 | 79 |
Volatility
Volatility Chart
The current Frontier MFG Select Infrastructure Fund volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.